Gold today traded below its two months high as the rally was seen as damping physical and investment demand. Last week gold had crossed the $1,300 per ounce mark for the first time after many months. Gold for August delivery traded at $1,315.60 an ounce on the Comex in New York from $1,316.60 on June… Continue reading Gold Rally Erodes Interest
Category: gold
You Need To Kiss Goodbye To The Gold Bull Market!
Just 2 years back, analysts were predicting gold prices hitting $5,000/ounce mark. Gold prices slightly touched the $2,000/ounce mark and then the downward spiral began. What happened to the gold bull market that many analyst predicted? In a recent article published on BloombergView, Barry Ritholtz gives 5 reasons why the most anticipated gold rally hasn’t… Continue reading You Need To Kiss Goodbye To The Gold Bull Market!